Besides Intel, Micron, TSMC and Samsung were biggest Chips Act recipients. Read more at straitstimes.com. Read more at ...

One of the most striking photos shows Trump speaking sternly with Putin backstage, ahead of their joint press conference, with his outstretched finger pointed directly in the center of the Russian ...

The US government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...

Treasury Secretary Scott Bessent told CNBC that the U.S. government could convert billions in grants to Intel, into an ownership stake.

The U.S. government is poised to take a 10% stake in Intel, signaling renewed intervention in key commercial enterprises.

An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout ...

Scott Bessent, the U.S. Treasury Secretary, said today that any investment made by the U.S. government in Intel would be used to stabilize the chipmaker.

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...

New York (CNN) — Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US ...

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.